Winklevoss-Led Gemini Alternate Unveils New Credit score Card That includes Solana Rewards

Gemini (GEMI), the cryptocurrency alternate based by billionaire twins Cameron and Tyler Winklevoss, has formally launched the Solana (SOL) version of its bank card on October 20, enabling prospects to earn as much as 4% again in SOL rewards on their purchases.

Almost 300% Improve In SOL Rewards Over One Yr

A standout function of the brand new bank card is the power for customers to mechanically stake their Solana rewards, yielding as much as 6.77% again. This can be a first for Gemini prospects, who can decide in to this function when signing up for the cardboard or select it as their reward possibility if they’re current customers. 

Notably, Gemini reported that prospects who held their SOL rewards for at the least a yr skilled spectacular progress, with rewards rising by 299.1% as of July 27, 2025—the most effective performances amongst cryptocurrencies accessible on the platform. 

Moreover, the Gemini Credit score Card is designed with person comfort in thoughts, that includes no annual charges, no expenses for receiving crypto rewards, and no overseas transaction charges. 

Earlier this yr, Gemini expanded its choices by launching institutional staking for Solana. This initiative permits exchange-traded funds (ETFs), companies, and high-net-worth purchasers to stake their SOL straight via Gemini Custody. 

This transfer, which started on June 23, included partnerships with corporations like DeFi Dev Corp., managing over 2 million SOL, and Function Investments, a Canadian issuer of a Solana ETF. 

Gemini And Solana Workforce Up For 48-Hour Streaming Occasion 

Along with the bank card launch, Gemini has partnered with Solana to host a 48-hour nonstop livestream on X (previously Twitter), commencing October 21, straight from the Gemini headquarters in New York Metropolis.

These developments add to a big yr for the cryptocurrency alternate, which lately made its debut on the Nasdaq, with its inventory GEMI, elevating $425 million on the primary day of its preliminary public providing (IPO). 

The Winklevoss twins’ alternate joins the ranks of different crypto corporations which have gone public this yr, together with Circle (CRCL), the issuer of the second-largest stablecoin (USDC), and Bullish (BLSH), backed by one other crypto billionaire Peter Thiel.

As of this writing, GEMI, the cryptocurrency alternate’s inventory with a market cap of $2.7 billion, is buying and selling at $20.29. This value is under the corporate’s preliminary public providing value of $28. 

Equally, the Solana value has erased practically all of its year-to-date good points, dropping 20% and 21% within the final fourteen and thirty days, respectively. This leaves SOL with solely 17% good points year-to-date and down 36% from all-time excessive ranges. 

Featured picture from DALL-E, chart from TradingView.com 

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